far east h-trust
Far East Hospitality Trust Q3 net property income declines 1% to S$25.9 million
The managers of FEHT maintain a moderate outlook for the stapled trust given the competitive environment
Far East Hospitality opens two hotels in Osaka
The venture is in partnership with Anglo Fortune Capital Group
Far East Hospitality Trust Q1 net property income falls 8.3% to S$23 million
Gross revenue declines 6.8% to S$25.2 million
Far East Hospitality Trust to acquire Sheraton hotel in Japan for 6 billion yen
This comes as the trust’s investment mandate is set to expand
Far East Hospitality Trust posts 4.1% fall in H2 DPS to S$0.0208
Distributable income drops 18.2% to S$32.7 million
Far East Hospitality Trust’s Q3 net property income falls 6.8% to S$26.2 million
Gross revenue for the quarter is down 4.8% on the year at S$28.7 million
FEHT could join hands with tycoon Tanoto family to unlock value for the Reit
A joint redevelopment of the Reit’s Orchard Rendezvous Hotel with the Tanoto family’s Tanglin Shopping Centre could revitalise the sleepy Orchard-Tanglin corner
Far East Hospitality Trust Q1 net property income rises 6% to S$25.1 million
Gross revenue is 7.5 per cent higher at S$27.1 million
Far East Hospitality Trust posts 25.4% higher DPS of S$0.0217 for H2
FAR East Hospitality Trust’s (FEHT) distribution per stapled security (DPS) for the second half ended December 2023 rose 25.4 per cent to S$0.0217, from S$0.0173 in H2 FY2022.
Brokers’ take: Analysts mixed on FEHT’s target price direction despite potentially higher DPS
MAYBANK Securities and UOB Kay Hian (UOBKH) have raised their distribution per stapled security (DPS) estimates for Far East Hospitality Trust (FEHT) after the stapled group reported a set of positive...
